80_FR_74171 80 FR 73943 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

80 FR 73943 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

NATIONAL SCIENCE FOUNDATION

Federal Register Volume 80, Issue 228 (November 27, 2015)

Page Range73943-73943
FR Document2015-30144

NSF has adopted as final its interim final rule outlining uniform administrative requirements, cost principles, and audit requirements for Federal awards, pursuant to the approval NSF received from OMB to implement requirements via use of a policy, rather than a regulation. In order to establish a single location for each of the Departments' and Agencies' implementation of the Uniform Guidance, NSF has provided a link to its policy implementation of OMB's Uniform Guidance for inclusion in this issuance.

Federal Register, Volume 80 Issue 228 (Friday, November 27, 2015)
[Federal Register Volume 80, Number 228 (Friday, November 27, 2015)]
[Rules and Regulations]
[Page 73943]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-30144]



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Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
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Federal Register / Vol. 80, No. 228 / Friday, November 27, 2015 / 
Rules and Regulations

[[Page 73943]]



NATIONAL SCIENCE FOUNDATION

2 CFR Part 2500

RIN 3145-AA57


Uniform Administrative Requirements, Cost Principles, and Audit 
Requirements for Federal Awards

AGENCY: National Science Foundation.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: NSF has adopted as final its interim final rule outlining 
uniform administrative requirements, cost principles, and audit 
requirements for Federal awards, pursuant to the approval NSF received 
from OMB to implement requirements via use of a policy, rather than a 
regulation. In order to establish a single location for each of the 
Departments' and Agencies' implementation of the Uniform Guidance, NSF 
has provided a link to its policy implementation of OMB's Uniform 
Guidance for inclusion in this issuance.

DATES: This rule is effective on November 27, 2015.

ADDRESSES: The Foundation's implementation document, the NSF Proposal 
and Award Policies and Procedures Guide, may be found at: http://www.nsf.gov/pubs/policydocs/pappguide/nsf16001/?org=NSF.

FOR FURTHER INFORMATION CONTACT: Erin Dawson, Assistant General 
Counsel, Office of the General Counsel, National Science Foundation, 
4201 Wilson Boulevard, Room 1265, Arlington, VA 22230; (703) 292-8060, 
edawson@nsf.gov (please include RIN 3145-AA57 in the subject line of 
the message).

SUPPLEMENTARY INFORMATION: On December 19, 2014, the Office of 
Management and Budget (OMB) published an Interim Final Rule that 
implemented for all Federal award-making agencies, including NSF, OMB's 
final guidance on Uniform Administrative Requirements, Cost Principles, 
and Audit Requirements for Federal Awards, 79 FR 75871. OMB published 
the uniform rules as 2 CFR part 200. As part of that rulemaking, NSF 
adopted part 200 through an agency-specific addendum at 2 CFR part 
2500. The Foundation's implementation document, the NSF Proposal and 
Award Policies and Procedures Guide, may be found at: http://www.nsf.gov/pubs/policydocs/pappguide/nsf16001/?org=NSF.
    NSF received no comments in response to its adoption of the Interim 
Final Rule. Therefore, 2 CFR part 2500 as described in the Interim 
Final Rule, is adopted with no changes.

Regulatory Findings

    For the regulatory findings regarding this rulemaking, please refer 
to the analysis prepared by OMB in the Interim Final Rule, which is 
incorporated herein. 79 FR at 75876.
    Accordingly, the Interim Final Rule adding 2 CFR part 2500, which 
was published at 79 FR 75871 on December 19, 2014, is adopted as a 
Final Rule without change.

    Dated: November 20, 2015.
Lawrence Rudolph,
General Counsel, National Science Foundation.
[FR Doc. 2015-30144 Filed 11-25-15; 8:45 am]
 BILLING CODE 7555-01-P



                                                                                                                                                                                                 73943

                                                Rules and Regulations                                                                                         Federal Register
                                                                                                                                                              Vol. 80, No. 228

                                                                                                                                                              Friday, November 27, 2015



                                                This section of the FEDERAL REGISTER                    Administrative Requirements, Cost                     DEPARTMENT OF THE TREASURY
                                                contains regulatory documents having general            Principles, and Audit Requirements for
                                                applicability and legal effect, most of which           Federal Awards, 79 FR 75871. OMB                      Office of the Comptroller of the
                                                are keyed to and codified in the Code of                                                                      Currency
                                                                                                        published the uniform rules as 2 CFR
                                                Federal Regulations, which is published under
                                                50 titles pursuant to 44 U.S.C. 1510.                   part 200. As part of that rulemaking,
                                                                                                        NSF adopted part 200 through an                       12 CFR Part 34
                                                The Code of Federal Regulations is sold by              agency-specific addendum at 2 CFR part                [Docket No. OCC–2015–0021]
                                                the Superintendent of Documents. Prices of              2500. The Foundation’s implementation
                                                new books are listed in the first FEDERAL                                                                     RIN 1557–AD99
                                                                                                        document, the NSF Proposal and Award
                                                REGISTER issue of each week.
                                                                                                        Policies and Procedures Guide, may be                 FEDERAL RESERVE SYSTEM
                                                                                                        found at: http://www.nsf.gov/pubs/
                                                NATIONAL SCIENCE FOUNDATION                             policydocs/pappguide/nsf16001/                        12 CFR Part 226
                                                                                                        ?org=NSF.
                                                                                                                                                              [Docket No. R–1443]
                                                2 CFR Part 2500                                            NSF received no comments in
                                                                                                        response to its adoption of the Interim               RIN 7100–AD 90
                                                RIN 3145–AA57
                                                                                                        Final Rule. Therefore, 2 CFR part 2500                BUREAU OF CONSUMER FINANCIAL
                                                Uniform Administrative Requirements,                    as described in the Interim Final Rule,               PROTECTION
                                                Cost Principles, and Audit                              is adopted with no changes.
                                                Requirements for Federal Awards                                                                               12 CFR Part 1026
                                                                                                        Regulatory Findings
                                                AGENCY:  National Science Foundation.                                                                         RIN 3170–AA11
                                                ACTION: Final rule.                                       For the regulatory findings regarding
                                                                                                        this rulemaking, please refer to the                  Appraisals for Higher-Priced Mortgage
                                                SUMMARY:   NSF has adopted as final its                 analysis prepared by OMB in the                       Loans Exemption Threshold
                                                interim final rule outlining uniform                    Interim Final Rule, which is
                                                administrative requirements, cost                       incorporated herein. 79 FR at 75876.                  AGENCY:  Board of Governors of the
                                                principles, and audit requirements for                                                                        Federal Reserve System (Board); Bureau
                                                                                                          Accordingly, the Interim Final Rule                 of Consumer Financial Protection
                                                Federal awards, pursuant to the
                                                                                                        adding 2 CFR part 2500, which was                     (Bureau); and Office of the Comptroller
                                                approval NSF received from OMB to
                                                                                                        published at 79 FR 75871 on December                  of the Currency, Treasury (OCC).
                                                implement requirements via use of a
                                                policy, rather than a regulation. In order              19, 2014, is adopted as a Final Rule                  ACTION: Final rule; official
                                                to establish a single location for each of              without change.                                       interpretations; technical amendment.
                                                the Departments’ and Agencies’                            Dated: November 20, 2015.
                                                implementation of the Uniform                                                                                 SUMMARY:    The OCC, the Board and the
                                                                                                        Lawrence Rudolph,
                                                Guidance, NSF has provided a link to its                                                                      Bureau are publishing final rules
                                                                                                        General Counsel, National Science                     amending the official interpretations for
                                                policy implementation of OMB’s                          Foundation.
                                                Uniform Guidance for inclusion in this                                                                        their regulations that implement section
                                                                                                        [FR Doc. 2015–30144 Filed 11–25–15; 8:45 am]          129H of the Truth in Lending Act
                                                issuance.
                                                                                                        BILLING CODE 7555–01–P                                (TILA). Section 129H of TILA
                                                DATES: This rule is effective on
                                                                                                                                                              establishes special appraisal
                                                November 27, 2015.
                                                                                                                                                              requirements for ‘‘higher-risk
                                                ADDRESSES: The Foundation’s                                                                                   mortgages,’’ termed ‘‘higher-priced
                                                implementation document, the NSF                                                                              mortgage loans’’ or ‘‘HPMLs’’ in the
                                                Proposal and Award Policies and                                                                               agencies’ regulations. The OCC, the
                                                Procedures Guide, may be found at:                                                                            Board, the Bureau, the Federal Deposit
                                                http://www.nsf.gov/pubs/policydocs/                                                                           Insurance Corporation (FDIC), the
                                                pappguide/nsf16001/?org=NSF.                                                                                  National Credit Union Administration
                                                FOR FURTHER INFORMATION CONTACT: Erin                                                                         (NCUA) and the Federal Housing
                                                Dawson, Assistant General Counsel,                                                                            Finance Agency (FHFA) (collectively,
                                                Office of the General Counsel, National                                                                       the Agencies) issued joint final rules
                                                Science Foundation, 4201 Wilson                                                                               implementing these requirements,
                                                Boulevard, Room 1265, Arlington, VA                                                                           effective January 18, 2014. The
                                                22230; (703) 292–8060, edawson@                                                                               Agencies’ rules exempted, among other
                                                nsf.gov (please include RIN 3145–AA57                                                                         loan types, transactions of $25,000 or
                                                in the subject line of the message).                                                                          less, and required that this loan amount
mstockstill on DSK4VPTVN1PROD with RULES




                                                SUPPLEMENTARY INFORMATION: On                                                                                 be adjusted annually based on any
                                                December 19, 2014, the Office of                                                                              annual percentage increase in the
                                                Management and Budget (OMB)                                                                                   Consumer Price Index for Urban Wage
                                                published an Interim Final Rule that                                                                          Earners and Clerical Workers (CPI–W).
                                                implemented for all Federal award-                                                                            If there is no annual percentage increase
                                                making agencies, including NSF, OMB’s                                                                         in the CPI–W, the OCC, the Board and
                                                final guidance on Uniform                                                                                     the Bureau will not adjust this


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Document Created: 2015-12-14 14:04:48
Document Modified: 2015-12-14 14:04:48
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionFinal rule.
DatesThis rule is effective on November 27, 2015.
ContactErin Dawson, Assistant General Counsel, Office of the General Counsel, National Science Foundation, 4201 Wilson Boulevard, Room 1265, Arlington, VA 22230; (703) 292-8060, [email protected] (please include RIN 3145-AA57 in the subject line of the message).
FR Citation80 FR 73943 
RIN Number3145-AA57

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